Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Tariff war can be a catalyst for bilateral trade pacts
Financial Express Lucknow
|April 15, 2025
The global tariff war started by the US can make India look favourably at bilateral trade agreements, which would help bring in new global products and the latest technology to the domestic market, says Piyush Arora, MD and CEO, Skoda Auto Volkswagen India (SAVIPL).
Speaking with Swaraj Baggonkar on the sidelines of the launch of the Volkswagen Tiguan R-Line in Mumbai, Arora further says the company will go ahead with its proposed ₹12,000-crore investment plan in Maharashtra.
Does the global tariff war impact your operations?
India, for the VW group, is a strategic market. The market is the third-largest in the world, and therefore, it is important for us to bring in products that are developed and manufactured locally before finding ways to sell it internationally. At the same time, being a global company, we are always proponents of free trade so that we are able to bring in our global products which will bring global technology to the country. Tariffs in no way help this process.
Do you see any challenges due to the tariff war?
This story is from the April 15, 2025 edition of Financial Express Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Lucknow
Financial Express Lucknow
Auto tech funding in Delhi-NCR rises fivefold in Jan-Sept
AUTO TECH FUNDING in Delhi-National Capital Region (NCR) has risen 517% in the first nine months of 2025, netting $1.3 billion compared with $218 million in the same period of 2024.
1 min
November 26, 2025
Financial Express Lucknow
'With Sierra, we're targeting SUV market share of 20-25%'
Tata Motors relaunched the Sierra on Tuesday. Shailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles, tells Akbar Merchant the SUV should appeal to younger buyers looking for something different in terms of styling, a premium feel and who want their SUVs to reflect their personality. Excerpts:
1 mins
November 26, 2025
Financial Express Lucknow
New norms for debenture trustees unveiled
ISSUING DETAILED GUIDELINES for debenture trustees (DTs), Sebi on Tuesday said they need to have a separate business entity for carrying out non-Sebi regulated financial activities.
1 min
November 26, 2025
Financial Express Lucknow
The quest for cultural relevance
LIVE EVENTS CAN PROVIDE A SPIKE IN SALES AND VISIBILITY BUT ARE YET TO EMERGE AS A MAJOR REVENUE STREAM
3 mins
November 26, 2025
Financial Express Lucknow
Labour codes to push social security cover to 85% in 3 yrs: SBI Research
THE IMPLEMENTATION OF the four new labour codes will boost social security coverage to 85% in next 2-3 years and would generate additional employment for 7.7 million people, a report by the State Bank of India Research said on Tuesday. It, however, cautioned about the possibility of short-run frictions followed by medium-run gains as compliance costs fall and formal hiring expands.
1 mins
November 26, 2025
Financial Express Lucknow
Ayni exit may limit regional outreach
As geopolitical competition intensifies in Central Asia, India will have to prioritise transparent and reliable connectivity strategies
3 mins
November 26, 2025
Financial Express Lucknow
Govt may divest 25% in infra lender IIFCL
IPO TO INCLUDE FRESH EQUITY & STAKE SALE
1 mins
November 26, 2025
Financial Express Lucknow
Cabinet nod to rare earth PLI soon
₹7,300-CRORE SCHEME TARGETS 6,000-TONNE MANUFACTURING ECOSYSTEM
2 mins
November 26, 2025
Financial Express Lucknow
Tata relaunches Sierra starting at ₹11.49 lakh
TATA MOTORS RELAUNCHED the popular Sierra model on Tuesday with the price starting at ₹11.49 lakh (ex-showroom, introductory).
1 min
November 26, 2025
Financial Express Lucknow
Jubilant FoodWorks pulls ahead of peers with quick service
. Reports strong same-store sales growth for fourth straight quarter
2 mins
November 26, 2025
Listen
Translate
Change font size